Review Notes Mid Term 1

Review Notes Mid Term 1 - second-order conditions,...

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Review Notes Mid Term 1: Econ 212 Fall 2007 Outline 1. Review of Math and Calculus Concepts 2. List of Sections in Book that Will be Covered on the Exam 3. Problems for Review 1 Review of Math and Calculus Concepts 1.1 Formal and intuitive definitions of univariate derivatives Formal and intuitive use of univariate derivatives and maxima or minima of functions of one variable first-order conditions, formal and intuitive second-order conditions, formal and intuitive 1.2 Formal and intuitive definitions of partial derivatives Formal and intuitive use of partial derivatives to find maxima or minima of functions of several variables first-order conditions, formal and intuitive
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Unformatted text preview: second-order conditions, intuitive only 1.3 Understanding of how to substitute out a constraint to turn a constrained maximization of a function of two variables into an unconstrained maximization of a function of one variable 2 List of Sections in Book that will be Covered on the Exam Chapter 1: All Sections Chapter 2: All Sections Chapter 3: All Sections Chapter 4: 4.1-4.5, plus Appendix Chapter 5: 5.1 - 5.3, 5.5-5.6, plus Appendix Chapter 6: 6.1-6.2, 6.4-6.8, plus Appendix. Browse 6.3. Chapter 7: 7.1-7.2. Chapter 8: All Sections, plus Appendix Chapter 9: 9.1-9.4, 9.6-9.9 Chapter 10: 10.1-10.5 Math Appendix, A1.-A.15...
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